What challenges might India face in future owing to declining birth rate and growing elderly population?

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India's shifting demographic landscape, marked by a declining birth rate and a growing elderly population, brings both opportunities and challenges. While a declining birth rate may contribute to economic stability and improved quality of life for individuals, it also poses certain challenges that need careful consideration.

Economic Implications:
One of the primary challenges is the potential strain on the economy. With a declining birth rate, the working-age population might decrease, leading to a reduced labor force. This can result in a shortage of skilled workers, hindering economic growth. Additionally, an aging population often implies increased healthcare and pension costs, placing a burden on government resources. To counter this, it becomes crucial to implement policies that encourage workforce participation and ensure the financial sustainability of social security systems.

Healthcare and Social Services:
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